Spousal support, or alimony, is a common element in high-income divorces. In New Jersey, courts aim to ensure that both parties can maintain a standard of living comparable to what they enjoyed during the marriage. Determining spousal support in high-income divorces, however, involves unique considerations, given the substantial earnings and complex financial situations often involved.…
Divorce is not just a legal dissolution of marriage; it’s an emotional odyssey that can profoundly impact every facet of your life. Understanding the psychological stages of divorce—Denial, Anger, Bargaining, Depression, and Acceptance—can provide clarity during this tumultuous time. Aligning each emotional phase with strategic legal preparations ensures that you protect your rights and set…
Introduction: Can You Afford Divorce While It’s in Progress? Divorce is stressful enough without worrying about how you’ll pay the mortgage or feed your kids in the meantime. If you’re financially dependent on your spouse and suddenly find yourself cut off, the thought of navigating the divorce process alone can feel terrifying. Here’s where temporary…
In New Jersey, nearly half of all divorce filers—47%, according to 2023 NJ Family Court data—pause their cases before the end. Maybe you’re one of them. It’s a Tuesday night, the kids are asleep, and your spouse hesitates at the kitchen table, voice low: “What if we don’t do this?” Suddenly, your stomach knots—hope tangles…
Introduction: What Determines Who Gets Custody? What if everything you thought you knew about child custody was wrong? Many parents assume that mothers always get custody, that a higher income guarantees a favorable ruling, or that children can decide where they want to live. These are myths that often cause parents to enter custody cases…
Introduction: One Costly Mistake Could Cost You Thousands Did you know that over 50 percent of divorcing spouses do not fully understand their financial situation before starting the divorce process? This lack of preparation often leads to unfair settlements, hidden debts, and long-term financial struggles. Divorce is more than just ending a marriage—it is a…
Introduction: The Costly Pitfalls of Divorce Divorce is not just an emotional upheaval—it’s also a financial turning point. Yet, many people unknowingly make costly financial mistakes that can haunt them long after the divorce is finalized. From underestimating expenses to overlooking hidden assets, these errors can drain your savings, impact your credit, and leave you…
Understanding the Reality of Divorce in New Jersey Hearing your spouse say, “I want a divorce,” can feel overwhelming. You might wonder if there’s a way to stop the process, convince them to stay, or at least delay the proceedings to allow time for reconciliation. While New Jersey divorce laws make it clear that one…
Introduction Divorce is already an emotionally and financially challenging process, but when hidden assets are involved, it becomes even more complex. Many spouses try to conceal income, property, or investments to avoid sharing them in a divorce settlement. If you suspect your spouse is hiding money, you are not alone—financial deception is more common than…
Introduction Divorce is always complicated, but for high-net-worth individuals, the process becomes even more challenging when executive compensation is involved. Unlike traditional income, stock options, performance bonuses, and deferred compensation can be difficult to divide, raising questions about valuation, taxation, and future payouts. If you or your spouse are executives, business owners, or high-level professionals…